Tuesday, 3 December 2013

S&P 500 Non Predictions

We have had a tremendous year at Trendinvestor Capital Management trading the S&P 500 in 2013, it has truly been a vintage year.

What will happen in 2014? Honest answer, i really have not got a clue.

One side of me says BIG BUBBLE FORMED and time to get out, but i felt that at the end of 2012 as well and look at what has happened since.

The other side of me says, that i do not think that the FED can taper in any meaningful way, without spiking interest rates as the bond market falls. Remember the FED are very rapidly becoming THE BOND MARKET !!!

Therefore $85 Billion a month and all the other money printing going on around the world provides lots of firepower to keep the market chugging higher. We have also had a breakout this year from the 2000 and 2007 peaks, that is a bullish sign without doubt.

So no real prediction for 2014 ! SORRY !!. It all comes down to trading correctly what you are given.

Market goes up, i am a BULL, market goes down i am a BEAR. My opinion simply does not count, it is just one of millions